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Broadband

Juniper lowers Q1 revenue, adjusted EPS guidance

Tuesday 12 April 2016 | 09:42 CET | News
Juniper Networks has lowered its guidance for first quarter revenues to USD 1.090-1.1 billion from its previous expectation of 1.17 billion, plus or minus USD 20 million. The company is attributing the weakness to weaker than anticipated demand from Enterprise and the timing of deployments of certain US and EMEA Tier 1 telecoms. Juniper also now expects its adjusted net profit per diluted share at USD 0.35-0.37, compared to its previous guidance of 0.42-0.46 per diluted share.

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Categories: Fixed
Companies: Juniper Networks
Countries: World
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